Independent fund management group Liontrust Asset Management (Liontrust) has reported a 15 per cent increase in assets under management for the six months ended 30 September 2018 to GBP12.0 billion, up from GBP10.5 billion as at 31 March 2018.
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Fairstone, one of the UK’s largest Chartered Financial Planning firms, has seen a near 50 per cent increase in revenue in its latest results, thanks to a combination of organic growth and the success of its Downstream Buy Out programme.
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Equilibrium Asset Management has grown its turnover for the eighth year running – with the figure now standing at a record GBP8.9 million, representing year-on-year turnover growth of over 20 per cent per annum.
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UK-based financial services network Openwork has reported record profits and a sixth consecutive year of profit growth. Profit before tax for the year ending 31 December 2017 was GBP19.1 million, with the company also seeing solid improvement on other key performance measures.
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Franklin Resources has announced net income of USD402.0 million or USD0.75 per diluted share for the quarter ended 30 June 2018, compared to USD443.2 million or USD0.78 per diluted share for the previous quarter and USD410.6 million or USD0.73 per diluted share for the quarter ended 30 June 2017.
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Union Bancaire Privée (UBP) has reported net profits of CHF115.3 million for the first six months of 2018, an increase of up 5.3 per cent from the CHF109.5 million reported for the same period in 2017.
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Cresset Wealth Advisors has surpassed USD2 billion in assets under management in less than a year since launch, from a large and diverse group of clients, under the leadership of founders Avy Stein and Eric Becker.
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